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Showing 1-8 of 8 results
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BoT puts last quarter GDP growth at 3.7%
Somruedi Banchongduang, Published on 30/11/2023
» The Bank of Thailand (BoT) predicts gross domestic product (GDP) growth of 3.7% in the final quarter this year, attributed to the low-base effect amid a continued recovery driven by private consumption and tourism.
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EIS optimistic on economic prospects in H2
Business, Somruedi Banchongduang, Published on 13/06/2023
» The Economic Intelligence Service (EIS), a research arm of the Thailand Development Research Institute (TDRI), forecasts a better second half for the Thai economy, driven by increased tourism and domestic consumption, although the political instability would need to be monitored.
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KBank eyes ESG-friendly strategy
Business, Somruedi Banchongduang, Published on 22/09/2022
» Kasikornbank (KBank) is planning a decarbonisation strategy in line with the global environmental, social and governance (ESG) trend, with the bank stopping lending to the coal sector.
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CIMBT eyes hotels for uptick
Business, Somruedi Banchongduang, Published on 02/07/2021
» The research house of CIMB Thai Bank (CIMBT) forecasts Bangkok and the five surrounding provinces under the government's partial lockdown measures should reopen in August, while the Phuket sandbox scheme should help hotels on the island recover.
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Corporate bond issuance plunges
Business, Somruedi Banchongduang, Published on 19/05/2020
» New corporate bond issuance has plummeted 41.9% from a year earlier for the four months through April as the coronavirus outbreak dents demand, according to an executive at Kasikornbank (KBank).
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BoT warns dust will soon hit tourism
Business, Somruedi Banchongduang, Published on 01/02/2019
» Even though the persistent toxic haze caused by ultra-fine dust particles shrouding Bangkok and its vicinity has not yet taken a toll on the tourism sector, an impact is inevitable if the pollution is prolonged, says a senior official at the central bank.
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Businesses urged to hedge baht in face of volatility
Business, Somruedi Banchongduang, Published on 06/09/2016
» Business leaders have expressed concerns that the rapidly appreciating baht could dampen exports and suggest business operators hedge foreign exchange risks.
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Second Asiatique across the river
Business, Somruedi Banchongduang, Published on 03/08/2013
» Riverside Masterplan Co, the real estate arm of business tycoon Charoen Sirivadhanabhakdi, plans to develop a second Asiatique the Riverfront project on the Thon Buri bank of the Chao Phraya River.
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